Square Enix 2008 Annual Report Download - page 42

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Stock Options
• FY2006 (April 1, 2006 to March 31, 2007)
1. Details, scale of and changes in stock options
(1) Details of stock options
2001 2002 2004 2005 2005
stock options stock options stock options stock options stock options
Category and Company directors Company directors Company directors Company directors Directors and employees of
number of grantees and employees and employees and employees and employees the Company’s subsidiaries
766 696 206 52 3
Number of 520,710 shares 2,550,000 shares 600,000 shares of 902,000 shares of 7,000 shares of
stock options of common stock*1 of common stock*2 common stock common stock common stock
Date granted June 23, 2001 June 22, 2002 June 19, 2004 June 18, 2005 June 18, 2005
Conditions for No conditions have been No conditions have been No conditions have been No conditions have been No conditions have been
vesting of interests set for vesting of interests set for vesting of interests set for vesting of interests set for vesting of interests set for vesting of interests
Service period No service period has No service period has No service period has No service period has No service period has
been established been established been established been established been established
Rights exercise period January 4, 2002 to July 1, 2004 to July 1, 2006 to July 1, 2007 to July 1, 2007 to
June 30, 2006 June 30, 2009 June 30, 2009 June 30, 2010 June 30, 2010
Notes: 1 The number of stock options indicated for 2001 was adjusted for the April 1, 2003 business merger (1 to 0.85) with SQUARE CO., LTD.
2 The number of stock options indicated for 2002 was adjusted for the April 1, 2003 business merger (1 to 0.85) with SQUARE CO., LTD.
(2) Scale of and changes in stock options
With respect to stock options outstanding at this fiscal year end, the number of stock options and the status of their exercise to shares of
common stock are indicated below:
1) Number of stock options
2001 2002 2004 2005 2005
stock options stock options stock options stock options stock options
Before vesting (shares)
March 31, 2006 — — 561,000 902,000 7,000
Granted — — — — —
Forfeited — — 4,000 23,000 —
Vested — — 557,000 — —
Unvested balance — — — 879,000 7,000
After vesting (shares)
March 31, 2006 327,165 1,621,545 — — —
Vested — — 557,000 — —
Exercised — 218,195 — — —
Forfeited 327,165 30,600 17,000 — —
Balance unexercised — 1,372,750 540,000 — —
2) Price information
Yen
2001 2002 2004 2005 2005
stock options stock options stock options stock options stock options
Exercise price ¥3,430 ¥2,152 ¥2,981 ¥3,365 ¥3,360
Average share price at exercise — 3,059 — — —
Fair market value on grant date — — — — —
40